Saudi Enaya Cooperative Insurance Company, a leading health insurance company, has announced the appointment of Nasr Aldin Baba as the new Acting Chief Executive Officer, with immediate effect.  

Nasr, who joined SECIC in August 2024 as the Chief Financial Officer, has been selected for the new role after Sultan Abdulrauf stepped down. According to a previous announcement, Abdulrauf resigned as CEO in December, and his last working day was February 8, 2025. He held the role for nearly five years and did not specify any reason for his resignation.  

The company announced Nasr’s appointment, stating, “Saudi Enaya Cooperative Insurance Company announces the approval of the Board of Directors to appoint Mr. Nasr Aldin Baba to the position of Acting CEO, replacing the resigned CEO, Mr. Sultan Abdulrauf. This is in accordance with Board of Directors Resolution No. 143/2025, passed by circulation on 21/01/2025 AD, corresponding to 21/07/1446 AH, for a period of six months, based on the Insurance Authority’s non-objection to the assignment on 06/02/2025 AD, corresponding to 07/08/1446 AH.”  

In his new role, Nasr brings nearly two decades of financial leadership experience. Before joining SECIC, he worked with BCare as CFO, and prior to that, he served at Mueen HR Company, Salama Cooperative Insurance Company, and Arabian Food Supplies. He began his career in finance with PwC in 2004.  

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On the academic front, Nasr holds a bachelor's degree in Science, a master's in Accounting from King AbdulAziz University, and an MBA from Eton University. He also holds certifications in Financial Quality Management from GAQM, Financial Analysis from the Managerial and Financial Training Center, and the Insurance Foundations Professional Exam from The Financial Academy.